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Replies: 40 / Views: 3,337 |
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Pillar of the Community
 United States
716 Posts |
Ok, some lengthy yet passionate discussions here.
The answer I was looking for are quite simple:
Yes, I do and I collected a few; because I used them to distinguish doubled die; because it's cool; because appeals to my eye, etc.
No, I don't; They are too common; not appeals to my eye;
If I was a teacher, both answers got 100; Does not matter yes or no. I am trying to get sense of the popularity.
If I post a different topic like "Do you think MD is more collectable than or equally collectable to DD?" then coppercoins would get 100 plus bonus points.
Now because of coppercoins' post, another answer also comes up---"No, I don't collect MD because I am intimated by coppercoins post" Just joking! I probably won't get a sense of popularity anymore.
When I say "would you pay a premium?" I mean any amount more than the value of the same type coin without MD? Pretty much if you are willing to pay for it. I do not advertise other people or myself to sell MD as DD.
Edited by Yinzi50 03/28/2008 04:31 am
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Valued Member
United States
236 Posts |
Quote------------- Look...I'm not here to police what people are collecting...but if you're into collecting machine doubled coins, you are MISSING THE POINT in collecting doubling. I cannot say it any clearer. You really need to either learn what's valuable and start looking for the truly collectible, or at least make sure your family and friends know what you're doing is a waste of time if they plan to pay for your funeral with your coins.
Anyone, please raise your hands if you began collecting as a way of life. This is supposed to be fun! IT HAS NOTHING TO DO WITH MISSING THE POINT. It has EVERYTHING to do with personal likeness.
If someone finds anything significant to themselves throughout life, then that significance becomes priceless to that person. If someone likes the color blue & you tell them that it's completely pointless to like the color blue because green is better, thats called pacification by force. I personally collect because I enjoy it. This is how it's supposed to be..... an enjoyable hobby.
If the market is changing do to inexperienced sellers/buyers or what ever, then we who sell true DDs/error type coins or whatever need to be more forthright & aggressive in our description of directing the market to what we want. Nothing happens if all we do is sit around on a forum and BS about it & get pissy at each others own personal thoughts & differences.
Yinzi50, my biggest advice to you is........ collect what you enjoy. You know what you like. You know what is important to you. If you think a certain MD is significant to you, then you have by all rights to keep that coin. Do not let anyone tell you that it's junk, if you like it, then that's all that matters. You are not wasting your time if you call it a hobby and learn from what you have.
There is no MISSING THE POINT, except to those who forgot what it was like to be a kid again & collect innocently.
I'm through replying to this topic unless it's going to be straight old fashion civilized non-personaly directed education. I'm sure others will post comments about it some more.
Copper, you've tried to make your point as aggressively as you can. You've made the MISSING THE POINT comment as many times as needed. We, at least I understood before this topic your personal greivance toward MDs & such. I don't think as many people are MISSING THE POINT as you think. Money drives our daily lives. It's been done before & will be done until the end of time.......people will try to make money for what they want any way they can, even if it means corrupting what we believe & don't believe in. This include selling MDs to the un-witting. Eric
Edited by coffeegod 03/28/2008 05:15 am
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Pillar of the Community
Australia
1014 Posts |
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Bedrock of the Community
United States
20753 Posts |
About 4 or more Coin shows coming up in April. Think I'll go sell all my MD's there.  
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Pillar of the Community
United States
2600 Posts |
Guys, I actually had a part in a similar thread to this about a year ago. My position was very similar, no exactly, like everyones besides coppercoin's here on this thread. I would like to share my experiences since then. I have been putting MD coins away for a long time and really enjoyed them. I was finding them with a mag. glass and a crappy loupe. Didn't know it was crappy at the time, but it was. The reason I say this is because with 54 yr old eyes and these optics, I was only finding the more severe examples of MD and separating them from true DD was almost impossible. Only after trying to understand what we were posting on the forum with the question (is this a DD), which the answer was almost always, NO it is a MD, did I decide to do something to help myself. I purchased a scope......and the world of collecting changed. I was seeing things the I could not have imagined. I share this because I want to support Chuck and what he is saying even though I was diametrically opposed to his position before. I had no idea just how frequently you find MD coins when you can see.  To substantiate this, I went thru 2 rolls of cents from a box last evening and counted the MD coins in the sampling. I found 17 coins with some MD doubling on them. 5 of these were real obvious and 1 was a whopper. After getting the scope, I came to realize, though I would never have guessed last evenings results, that they were everywhere. Whether I liked it or not, Chuck was right, 15% of the sampling had some form of MD, how could they have much worth. I now have a box full of MD coins and some of them are real neat. I will keep them forever and enjoy them, so yes to me these are, I guess, collectible. However, since buying my scope I am finding DD, RPMs, OMMs, neat strike thrus and other interesting things. To end this, I compare it to the ocean beach here in Maryland. when I moved here 26 yrs ago, the beach and everything that goes with it was new and unusual. My wife and I would walk the beach and pickup neat seashells and they were everywhere. We had buckets of them and I hoarded them. Then one day it hit me and I took the metal detector to the shore and I never picked up shells again. I had found the real value. Maybe Chucks words were strong, but they were aimed with the intention of helping. That can never be bad. Jim - Sorry, don't mean to preach.
Edited by Jim1953 03/29/2008 09:43 am
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Valued Member
United States
145 Posts |
I personally like and collect MD coins as long as they have a significant shelf doubling on them and not just a hard to see minor "Doubling". I also know that they have no value, except face, for them. I also like and collect coins with die cracks which I know have no real value unless the crack is major ie. it looks like the die is shattered or split in half. Even then I know that die cracks like that the premium is usually not much. There are other types of coins that I collect that have no true collector value but I like them so I collect them. Coins are a hobby to me not an investment vehicle. I do collect some coins with value but value is not what determines if I keep something or not. I keep my normal coins ie. Morgans, Walkers and other coins and my true error/variety coins with real value separate from my worthless die cracks, MDD's and other minor oddities. I have made sure that my family knows that the binders with the worthless coins are just that. And after my passing the coins in them should just be dumped out of the binder page pockets and rolled and spent, if nobody in the family wants them. They also know that the other coins have value and should be treated as such. Keeping the valuable coins separate from the coins that the only value over face is my enjoyment will help them when I am gone. I think everyone that collects should make sure that family knows the difference as that will make it much easier on them when the time comes. So in my opinion, and it is just an opinion, you should collect what you enjoy both valuable and worthless but be sure that your family knows what is what.
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Pillar of the Community
 United States
716 Posts |
Thanks Jim. Like your analogy. Thanks Jorgy, well said.
Edited by Yinzi50 03/29/2008 2:28 pm
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Pillar of the Community
United States
527 Posts |
Chuck is right in the fact that you can find MD everywhere. However, I do like to collect them if they are severe examples, and yes I would pay a little more for one if it was to my liking. I would not pay a DD price for one, or even close to that.
Uneducated collectors are flooding the market, and paying too high of prices for some of these coins, but that is just the School of Hard Knocks. People need to research anything before they buy and that includes coins. If they pay too much for a coin, it's their own fault. People who take advantage of these uneducated buyers are committing fraud and should be prosecuted.
I have noticed that whenever there is an argument on the forums, there are two people that are always the ones instigating or provoking it. You may be the experts, but arguing your point in the way you do, only creates an unpleasant atmosphere here. I value your opinions, but it only needs to be given once.
You can lead a horse to water, but you can't make it drink.
This is supposed to be a place where we can come with questions without being assaulted. Members here range from novice to expert and that needs to be taken into consideration. This is a hobby and it is supposed to be enjoyed. Your arguing is taking that enjoyment away, please take that into consideration before you reply with heated remarks.
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Bedrock of the Community
United States
20753 Posts |
Darn! Jorgy: I sure wish I had said that. I think you just summed up this entire post.
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Pillar of the Community
United States
792 Posts |
As far as selling these junk "errors" (ex. 1993 Cent with MD), if you started the bid at face value, and the competing bidders bidded up to $5.00, then you shouldn't feel like you ripped anyone off. Of course, as long as you stated in the description that this is a common MD and not a true error. Apparantly, some people do like MDs and are willing to pay for them, so let 'em. (As far as shipping charges go, that's a whole different story!)
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Replies: 40 / Views: 3,337 |
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